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A collection of news and information related to Budget Control Act of 2011 published by this site and its partners.

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    May 22, 2013 |Story| Los Angeles Times
  1. Fed's Dudley says decision on stimulus pullback still months away

    WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong enough to handle such a pullback.
    WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...

    Tags: Central Bank, Ben Bernanke, Federal Reserve, Jamie Dimon, Labor Markets

  2. May 17, 2013 |Story| Los Angeles Times
  3. HUD to shut down offices as a result of sequester

    Across-the-board cuts in the federal budget will force the Department of Housing and Urban Development to close its offices on May 24 and possibly six other days.
    Across-the-board cuts in the federal budget will force the Department of Housing and Urban Development to close its offices on May 24 and possibly six other days. HUD, which provides assistance programs for low-income and homeless people, said Friday...

    Tags: Shaun Donovan, Unemployment, Career and Workplace, Budgets and Budgeting, Jerry Brown

  4. May 17, 2013 |Story| Los Angeles Times
  5. Obama budget would cut deficits, report says

    <span class="runtimeTopic">WASHINGTON</span> -- President Obama&rsquo;s proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington.
    WASHINGTON -- President Obama’s proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington....

    Tags: U.S. Department of the Treasury, White House, Barack Obama, Politics, John Boehner

  6. May 9, 2013 |Story| Los Angeles Times
  7. Air traffic control towers to stay open overnight

    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday.
    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday. But the federal agency said it is still uncertain whether it will be forced this summer to close towers...

    Tags: Unemployment, Federal Aviation Administration, Air Transportation Industry, Air Transportation Delays, Career and Workplace

  8. May 11, 2013 |Story| Los Angeles Times
  9. Sequestration: 149 air traffic control towers are spared -- for now

    The 149 air traffic control towers that were scheduled to close this summer because of federal sequestration will remain open until at least September, government officials said Friday.
    The 149 air traffic control towers that were scheduled to close this summer because of federal sequestration will remain open until at least September, government officials said Friday. The Federal Aviation Administration said legislation approved by...

    Tags: Federal Aviation Administration, Air Transportation Industry, Air Transportation Delays

  10. May 10, 2013 |Story| Los Angeles Times
  11. FAA won't close air traffic control towers at small airports

    The 149 air traffic control towers that were slated to close this summer because of the federal sequestration will remain open until at least September, federal officials said Friday.
    The 149 air traffic control towers that were slated to close this summer because of the federal sequestration will remain open until at least September, federal officials said Friday. The Federal Aviation Administration said legislation approved by...

    Tags: Federal Aviation Administration, Air Transportation Industry, Transportation Security Administration, Air Transportation Delays, Layoffs and Downsizing

  12. May 9, 2013 |Story| Los Angeles Times
  13. GOP may seek to tie debt ceiling deal to tax code changes

    WASHINGTON &mdash; In a little more than a week, the U.S. will hit its debt limit &mdash; and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade.
    WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade. An improving economy and higher taxes,...

    Tags: Tom McClintock, Credit and Debt, Economy, Business and Finance, Barack Obama, Politics

  14. May 8, 2013 |Story| Los Angeles Times
  15. FAA to keep control towers at midsize airports open at night

    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday.
    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday. But the federal agency said it is still uncertain whether it will be forced this summer to close towers...

    Tags: Unemployment, Federal Aviation Administration, Air Transportation Industry, Career and Workplace, Air Transportation Delays

  16. Apr 26, 2013 |Story| Los Angeles Times
  17. Bill to end sequester's air travel delays flies through Congress

    WASHINGTON &mdash; Congress approved a quick fix Friday to end the flight delays snarling the nation's airports, and President Obama will sign the bill when it reaches the White House, showing how swiftly compromise can be found when powerful interests demand it.
    WASHINGTON — Congress approved a quick fix Friday to end the flight delays snarling the nation's airports, and President Obama will sign the bill when it reaches the White House, showing how swiftly compromise can be found when powerful interests...

    Tags: Unemployment, Barack Obama, Politics, Crime, Law and Justice, Federal Aviation Administration

  18. Apr 23, 2013 |Story| Los Angeles Times
  19. Senators point blame, solutions to air traffic delays

    <span class="runtimeTopic">WASHINGTON</span> -- As delayed flights jammed up air travel, Senate Republicans on Tuesday blamed the White House for furloughing air traffic controllers, as Democrats offered a new proposal to replace the sequester cuts that have begun to affect ordinary Americans who need services from the federal government.
    WASHINGTON -- As delayed flights jammed up air travel, Senate Republicans on Tuesday blamed the White House for furloughing air traffic controllers, as Democrats offered a new proposal to replace the sequester cuts that have begun to affect ordinary...

    Tags: John Thune, Politics, Federal Aviation Administration, Air Transportation Delays, Parties and Movements

  20. Apr 24, 2013 |Story| Los Angeles Times
  21. Senate approves Obama's budget chief

    WASHINGTON -- The Senate voted overwhelmingly Wednesday to approve President Obama&rsquo;s nominee for top White House budget expert, bringing a woman into a top post in an administration that critics say has been dominated by men.
    WASHINGTON -- The Senate voted overwhelmingly Wednesday to approve President Obama’s nominee for top White House budget expert, bringing a woman into a top post in an administration that critics say has been dominated by men. Sylvia Mathews...

    Tags: Thomas R. Carper, Walmart, White House, Barack Obama, Politics

  22. Apr 22, 2013 |Story| Los Angeles Times
  23. LAX flight delays expected as sequestration cuts kick in

    Some flights headed into LAX were delayed more than three hours Sunday night because of air traffic controller furloughs required by sequestration cuts, a federal aviation official said Monday.
    Some flights headed into LAX were delayed more than three hours Sunday night because of air traffic controller furloughs required by sequestration cuts, a federal aviation official said Monday. As part of $600 million the Federal Aviation Administration...

    Tags: Unemployment, Federal Aviation Administration, Air Transportation Industry, Career and Workplace, Air Transportation Delays

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Budget Control Act of 2011 Photos
The U.S. Capitol is seen after Congress and President O...
(March 1, 2013)
Congress Fails to Avoid Sequestration Budget Cuts